There is a newer version
of
the New York Laws
2021 New York Laws
LLC - Limited Liability Company Law
Article 5 - Contributions and Distributions
501 - Form of Capital Contributions.
Universal Citation: NY LLC L § 501 (2021)
§ 501. Form of capital contributions. The contribution of a member to the capital of a limited liability company may be in cash, property or services rendered or a promissory note or other obligation to contribute cash or property or to render services, or any combination of the foregoing.
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